Economic news

India’s November infrastructure output up 7.8 % y/y -government

2023.12.29 08:11


© Reuters. FILE PHOTO: Labourers work at a construction site of a metro rail station in Kolkata, India July 2, 2018. REUTERS/Rupak De Chowdhuri/File Photo

(Corrects month to November in paragraph 4)

NEW DELHI (Reuters) -India’s infrastructure output in November rose 7.8% year on year, with growth in almost all sectors, government data showed on Friday.

Infrastructure output, which comprises eight sectors including coal and electricity, accounts for nearly 40% of industrial production.

Electricity generation rose 5.6% in the month, coal production was up 10.9% and the steel sector expanded 9.1% year on year, the data showed. Production of refinery products increased 12.4%.

Cement output decreased 3.6% year on year in November, while production fell 0.4%.

In the first eight months of the financial year that started on April 1, infrastructure output rose 8.6% year on year, the data showed.

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